President Trump announced that his new tariff plan, termed 'Liberation Day,' will impose tariffs on all nations, expanding beyond the initial focus of only 10 to 15 countries with significant trade imbalances. Tariffs have already been implemented on aluminum, steel, and autos, with increased tariffs on all imports from China. While Trump believes tariffs will protect the domestic economy and serve as leverage in trade negotiations, there are growing concerns about the potential for a trade war impacting US markets and increasing recession fears.
Trump's upcoming tariff plan, referred to as 'Liberation Day,' will target all nations instead of just 10 to 15 with significant trade imbalances.
Concerns about a trade war are unsettling markets and creating fears of a recession in the US, despite Trump's insistence on protecting the domestic economy.
Collection
[
|
...
]